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Message: `05 Revenues to date: $3.540 million (first 9 months)

`05 Revenues to date: $3.540 million (first 9 months)

posted on Apr 10, 2005 02:10PM
Revenues for the first nine months ended December 31, 2004 were $3.540 million compared to $2.970 million for the same nine months last year. Gross profit for the first nine months of fiscal 2005 improved to $0.874 million compared to $0.336 million for the same period in fiscal 2004. The company reported a smaller operating loss of $1.447 million the first nine months compared to $1.706 million for the same period in fiscal 2004. For the nine months ended December 31, 2004, net loss attributable to common stockholders after deducting non-cash dividends on preferred stock was $(0.01) per share compared to $(0.02) for the same nine months in fiscal 2004.

The company also reported $0.967 million in advance payments (customer deposits) at December 31, 2004.

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Just a reminder for the upcoming guidance.

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